🤖The Future of Business Automation [AI Agents by Betaworks]

Welcome, Master! 🚀

Happy Humpday. This edition, we are exploring Samsung's tech expansion in Texas, innovative AI start-ups transforming business, and the costly ransomware attack on Change Healthcare. Dive in for the latest updates.

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ON YOUR ‘MASTER LIST’ TODAY

• 💬 AI Inspiration

• 🌟 Samsung's $40 Billion Leap: Texas Gears Up for 2nm Chip Innovation!

• 🚀 Betaworks' Camp Unleashes AI Revolution: Meet the Nine Startups Transforming Business!

• 💉 Ransomware Nightmare: Change Healthcare's $1 Billion Blow!

• 📊 Last Poll Result

WEDNESDAY AI QUOTE

SAMSUNG

Texas to Host Samsung's Pioneering 2nm Chip Manufacturing

Samsung is set to advance U.S. chipmaking capabilities by producing 2nm semiconductors at its new Texas plant, starting in 2026, as part of a $40 billion investment.

This effort, supported by up to $6.4 billion from the U.S. Chips and Science Act, aims to bolster domestic chip production to 20% of global supply by 2030.

The initiative addresses vulnerabilities in the U.S. supply chain and seeks to re-establish leadership in semiconductor manufacturing and R&D.

Like last newsletter readers believe, this is in response to ensuring the USA has control of Chip development that powers our everyday lives.

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AI AGENT

Meet the Nine AI Start-Ups Transforming Daily Business Operations

Betaworks is pioneering with AI agents in its latest "Camp" program, focusing on automating complex tasks.

This initiative has supported nine start-ups that develop AI to streamline jobs like email sorting and meeting scheduling.

While these AI tools promise to simplify daily operations, their success depends on gaining user trust and widespread adoption.

Here are the 9 Start-Ups:

1. Twin: Automates tasks through an action model that understands software interfaces, aiming to simplify repetitive tasks.

2. Skej (below): Simplifies scheduling by reconciling availability and preferences through email or Slack, functioning like an AI assistant.

3. Jsonify: Enhances website scraping by using visual AI models to extract and structure data from complex web layouts.

4. Resolvd AI: Automates cloud workflow processes, providing solutions until custom integrations can take over.

5. Floode: Manages email inboxes by highlighting important messages and drafting responses, streamlining communication.

6. Extensible AI: Offers infrastructure for testing and logging to ensure AI systems are functioning correctly and efficiently.

7. Opponent: Creates virtual characters for children to interact with, focusing on extensive engagement and play.

8. High Dimensional Research: Provides a framework for web-based AI agents, allowing companies to experiment with a pay-as-you-go model.

9. Mbodi: Develops generative AI for robotics, a field that typically lacks extensive training data, aiming to enhance robotic responsiveness.

Betaworks is pushing the boundaries with AI agents designed to automate complex, everyday tasks, showcased through nine innovative startups.

AI ART - CAN YOU TELL?

HEALTHCARE AI

Ransomware Costs Skyrocket for Change Healthcare

Change Healthcare's ransomware attack has cost UnitedHealth $872 million this quarter, with total costs expected to surpass $1 billion.

UnitedHealth is the largest health insurance company in the United States, providing health insurance, data analytics, pharmacy care services, and other healthcare solutions.

This financial hit comes despite UnitedHealth offering over $6 billion in support to affected care providers.

The overall financial impact of the attack is estimated to reach between $1.35 billion and $1.6 billion for 2024.

Meanwhile, UnitedHealth's stock price has increased by 7.5% in premarket trading.

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LAST POLL RESULT

THAT’S A WRAP

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